Call reports 2001
AMERICAN COMMUNITY BANK — 2001
What AMERICAN COMMUNITY BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 29,282,000 | 31,844,000 | 29,843,000 | 28,854,000 |
| Total loans | 6,654,000 | 10,575,000 | 11,904,000 | 13,811,000 |
| Allowance for loan losses | 150,000 | 168,000 | 198,000 | 228,000 |
| Securities available for sale | 12,525,000 | 13,389,000 | 13,917,000 | 11,606,000 |
| Securities held to maturity | 2,020,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 22,906,000 | 25,618,000 | 23,540,000 | 22,329,000 |
| Interest-bearing deposits | 20,580,000 | 22,580,000 | 19,337,000 | 18,836,000 |
| Noninterest-bearing deposits | 2,326,000 | 3,038,000 | 4,204,000 | 3,493,000 |
| Equity capital | 6,255,000 | 6,112,000 | 6,120,000 | 6,409,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 476,000 | 992,000 | 1,506,000 | 1,949,000 |
| Interest expense | 276,000 | 560,000 | 825,000 | 972,000 |
| Net interest income | 200,000 | 432,000 | 681,000 | 977,000 |
| Noninterest income | 17,000 | 38,000 | 61,000 | 83,000 |
| Noninterest expense | 343,000 | 688,000 | 1,050,000 | 1,401,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | -58,000 | -180,000 | -300,000 | -318,000 |
| Income tax | 2,000 | 3,000 | 4,000 | -441,000 |
| Net income | -60,000 | -183,000 | -304,000 | 123,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,217,000 | 6,094,000 | 5,973,000 | 6,400,000 |
| Total capital | 6,348,000 | 6,262,000 | 6,156,000 | 6,596,000 |
| Risk-weighted assets | 10,387,000 | 13,844,000 | 14,665,000 | 16,092,000 |